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VERIFIEDET Stocks·positive
Infosys, HCLTech, TCS, other IT stocks soar up to 6%; Nifty IT rallies 5% as global AI slowdown calls boost sentiment
AI Summary
- ·Indian IT stocks rallied up to 6% following statements from AI leaders suggesting a slower pace of AI development.
- ·Infosys, HCLTech, LTIMindtree, and Mphasis saw gains of approximately 6%.
- ·TCS and Tech Mahindra increased by over 5%, contributing to a 5% rise in the Nifty IT index.